EQT to acquire Kabel Baden-Württemberg
EQT has signed an agreement with funds advised by Blackstone and CDPQ to acquire 100 % of German Kabel Baden-Württemberg GmbH & Co (“Kabel BW”), Germany’s first large triple-play provider, offering television, broadband Internet and telephony services. EQT intends to continue supporting Kabel BW’s expansion and move into triple play. “We are committed to continue supporting Kabel BW's strategy and invest in growth, new technology and a strengthened market leadership”, said Marcus Brennecke, Managing Partner of EQT Equity in Germany. “At EQT, we are very pleased that we were chosen as the